News Formal

U.S. stocks open mostly lower after OPEC+’s surprise cut in oil production

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

U.S. stocks opened mostly lower Monday after a surprise cut in oil production by OPEC+. The Dow Jones Industrial Average was up 0.3% soon after the opening bell:

U.S. stocks opened mostly lower Monday after a surprise cut in oil production by

. The Dow Jones Industrial Average DJIA, +0.96% was up 0.3% soon after the opening bell, while the S&P 500 SPX, +0.27% slipped 0.1% and the technology-heavy Nasdaq Composite COMP, -0.36% fell 0.6%, according to FactSet data, at last check. member countries including Saudi Arabia plan to cut more than 1 million barrels of oil production a day through the end of the year beginning in May.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: Dow up 300 points as energy shares jump after OPEC+ oil production cutsMarketWatch Live: Dow up 300 points as OPEC+ quota cut ignites energy shares This is great news! Oil prices will likely come down, which will benefit consumers in the long run.
Source: MarketWatch - 🏆 3. / 97 Read more »

Asian Stock Market: Trades mixed as NFP week begins with OPEC+ surpriseMarket sentiment in the Asia-Pacific region remains mixed as traders struggle to cheer receding hawkish Fed bets amid fresh inflation fears emanating
Source: FXStreetNews - 🏆 14. / 72 Read more »